178 karma · joined January 8, 2025
I won't even comment on the rest... You just proved my point.
What I do personally is for every subject that matters to me I take the time to first think about it. To explore ideas, concepts, etc… and answer questions that would ask to ChatGPT. Only once I get a good idea I start to ask chapgpt about it.
So no it doesn’t magically disappear. A bankruptcy somewhere is a loss for others somewhere else. Even cutting dept to pennies on the dollar means lenders are losing money. Bankruptcy is not a magic trick…
At the end of the day talking about HFT this way is to not know what they do and what service they offer to the market. Overall they are not trending makers but trend followers.
On the same topic it reminds me Splinter Cell: Chaos Theory (from 2005!) where an AI called "Masse Kernels" was automatically creating missions sent to different PMCs, managing war assets, supervising the war effort, coms, and the like... Feels also that's coming, at least in some forms for now.
For the rest it depends on what you need since they are very focused on one domain but for instance for accounting/finance: Cost Accounting by Charles Horngren, or Managerial Accounting for Managers by Eric Noreen is a must.
Strategor - English version by João Albino-Pimentel is amazing. A lot of tools to get started are there with very neat examples from the industry.
I have a few books that are great too. But if there is one to buy it could: The Personal MBA and then for each section get real education one way or another. From textbooks or anything.
They would rather read 10-15 books on marketing rather than study and master a single textbook about marketing. Even when they don't have to master all of it and that would still give them more value and professional knowledge than reading all of these other books.
I read my far share of business books and at some points I was seeing the edutainment behind it and the lack of value that from now on every time I search for a book I start by searching in the textbook section on Amazon not the book section.
Are you saying that criminals are a good thing if they help the overall economy? If not what was the point?
On the topic, sure. But maybe next time you go to another country, try to think how you would stay and break the law. Later, you will need a car, a bank account (by stealing a social security number or other solutions). Like how you are getting yourself ready to live a life of breaking the law just to go by in life. That's a series of life-changing events you have to be ready to go through. And yes you can go to prison because yo go too fast on a highway but to me it's really something else.
We need better laws. Current laws are also in place because it's just easier and works for now. Like instead of redoing visas and how they are processed for the 1M undocumented persons working in agriculture (that's 40% of ag workers!), people are fine with how things are now and also can justify to give lower unlawful salaries. Like this state is also bad for undocumented people too. They can just be taken advantage of and fired/used/disregarded when their managers want to...
Solutions that go against the rule of the law are overall a very bad idea for everyone.
Thankfully there are already laws to protect people being persecuted, in danger, people needing asylum, etc... We need even better laws in these areas and improvements in witness protection laws for a part of your example. But again sanctuary cities "work" for now but it is not a long-term solution. Beyond attracting criminals, it also creates a weird lawful oxymoron at the opposite of the rule of the law. (And again, there are things like asylum, etc...)
At the end of the day if people don't see the difference and the value between a free and a priced one, then they don't need to steal and can just use the free ones. There are plenty of amazing free fonts anyway some being the actual roots of many paying ones, and the gold standards.